Luxury Apartments & Retail Moving Forward at Congress Heights METRO

A stalled major apartment project at Congress Heights METRO looks to finally be moving forward. A 215 unit apartment building with street level retail and a future office building will begin construction in 2019.

The site is at Alabama Avenue, SE and 13th Street, SE, right next to the METRO station. Developer CityPartners is going to create a walkable mixed-use environment that will help revitalize the neighborhood.

“We’ve already been seeing an uptick in quality and luxury in Congress Heights individual investor renovations in the past year while taking homebuyers into the neighborhood,” commented Gerard DiRuggiero, Principal Broker of UrbanLand Company. “Development like this new apartment project and fresh retail will increase neighborhood home values in exciting ways for existing homeowners.”

This is a $120 million project by CityPartners that started about 8 years ago when working with a joint venture partner. That relationship has since been severred, with CityPartners making aggressive moves in January to take control of 3 apartment buildings adjacent to the core 1 acre site for this project.

All things look go! Rounds of permit submissions occur in May.

#FollowDevelopment on Twitter. Thanks to Bisnow on the alert!

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